The seeds of this vision were planted over a decade ago when our founders, Amiram Shachar
and Liran Polak, were members of the “cloud infrastructure” unit of the Israel Defense
Forces (“IDF”). Responsible for managing all the IDF’s data-centers and virtualization
systems, they witnessed firsthand the challenges of fully utilizing available resources in
an efficient manner.
During their time pursuing degrees in Computer Science, Amiram and Liran’s final academic research had focused on datacenter inefficiencies and novel ways to address them by utilizing spot instances in the public cloud. As an outcome of this successful research, they founded Spot (initially known as Spotinst) to build on that research project and turn it into commercial products.
Since delivering our first product based on that technology, our team has been busy helping customers save up to 90% on their computing costs. From AWS to GCP and Azure, from web applications and containers to big data, our growing product portfolio is helping to fulfill our vision of changing the way that companies run workloads and applications in the cloud.
“In the beginning, we had never allocated a budget for our infrastructure costs, as it was considered part of the operational costs of running our applications, but as the company grew, we realized that cost efficiency is becoming a necessity when running at scale”
for up to 20 instances